Latest Market News
Morgan Stanley’s MS, -1.10% investing unit Morgan Stanley Infrastructure Partners said Thursday it paid an undisclosed sum to acquire New Zealand ferry operator StraitNZ from Australian firm CPE Capital Oty Ltd. The purchase price was more than $500 million, according to a report by the Australian Financial Review. Mark McLean, managing director and head of […]
AUDNZD, “Australian Dollar vs New Zealand Dollar” AUDNZD is rebounding from Tenkan-Sen and Kijun-Sen at 1.0806; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.0795 and then resume moving upwards to reach 1.0940. Another signal in favour […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer pattern not far from the support area. At the moment, the asset is reversing in the form a new ascending impulse. In this case, the upside target may be the resistance level at 1970.00. At the same […]
Venezuela’s March oil exports slip amid struggles with returned cargoes Venezuelan petroleum exports fell about 4% in March compared to the previous month as the country’s state-run oil company dealt with crude cargoes returned by customers due to poor oil quality, according to documents and vessel monitoring data. A high-level meeting between US and Venezuelan […]
German government bond yields rose on Friday, following their biggest monthly jump in years in March, on expectations of rising inflation and tightening monetary policy. Some analysts believe Germany’s 10-year yield will remain near current levels in the short term, as the economic risks posed by the Ukraine conflict will outweigh the central bank’s commitment […]
Type: Bullish BounceKey Levels:Resistance: 25.8Pivot: 24.705Support: 24.110Preferred Case:Prices are approaching a pivot. We see the potential for a bounce from our Pivot at 24.705 in line with 100% Fibonacci Projection towards our 1st resistance at 25.8 in line with 78.6% Fibonacci Projection . Our bullish bias is further supported prices trading above our Ichimoku clouds […]